Funds earn huge profits from pre-listed firms

Funds under the management of Dragon Capital and VinaCapital earned significant profits from their investments in Vietjet Aviation Joint Stock Company and Novaland Investment Group before their listings.

New appointments at PVN and VNPT announced

Vietnamese Prime Minister Nguyễn Xuân Phúc on Thursday signed a decision to remove Nguyễn Quốc Khánh as chairman of the board of directors of PetroVietnam to enable his transfer to the Ministry of Industry and Trade.

Nghi Sơn Economic Zone to be expanded

Prime Minister Nguyễn Xuân Phúc has approved the expansion of the Nghi Sơn Economic Zone (EZ) in the central province of Thanh Hóa through 2035, with a vision to 2050.

Dairy firms optimistic about growth

Việt Nam’s dairy market is predicted to double in size by 2020, reaching US$8.2 billion as the population is expected to increase by five million and dairy consumption to rise by a compounded annual growth rate of seven per cent.

 

Despite price drop, car sales dip 13%

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold more than 17,600 cars in February, down 13 per cent from the previous month.

Milk price rules to be issued

The Ministry of Industry and Trade (MoIT) will shortly issue a circular with specific guidance to manage prices of milk products for children under six years old, according to information posted Wednesday on the ministry’s website.

Derivatives market coming in May or June

Việt Nam’s derivatives market will start operating in May or June in hopes it will improve Việt Nam’s securities market and attract more foreign investment, according to the Chairman of the State Securities Commission, Vũ Bằng.

Int’l coffee fair opens in Đắk Lắk

An international coffee fair, with the theme “Quality Coffee for the Health of the Community” opened on Thursday in the Central Highlands province of Đắk Lắk.

 

VN-Index ends four-day rally

The benchmark VN-Index sank for the first time in the last five sessions on Thursday as oil and gas stocks slumped on the back of global oil losses.

NEWS FROM MEDIA-OUTREACH

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